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Forth PCL (BKK:FORTH-R) Cyclically Adjusted Revenue per Share : ฿10.11 (As of Dec. 2023)


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What is Forth PCL Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Forth PCL's adjusted revenue per share for the three months ended in Dec. 2023 was ฿2.035. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ฿10.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Forth PCL's average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Forth PCL was 7.50% per year. The lowest was -2.90% per year. And the median was 1.70% per year.

As of today (2024-05-13), Forth PCL's current stock price is ฿27.02676. Forth PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ฿10.11. Forth PCL's Cyclically Adjusted PS Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Forth PCL was 7.94. The lowest was 0.69. And the median was 1.06.


Forth PCL Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Forth PCL's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forth PCL Cyclically Adjusted Revenue per Share Chart

Forth PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.59 6.75 7.10 8.19 10.11

Forth PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.19 8.29 8.38 7.95 10.11

Competitive Comparison of Forth PCL's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Forth PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forth PCL's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forth PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Forth PCL's Cyclically Adjusted PS Ratio falls into.



Forth PCL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Forth PCL's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.035/129.4194*129.4194
=2.035

Current CPI (Dec. 2023) = 129.4194.

Forth PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.839 99.695 1.089
201406 0.779 100.560 1.003
201409 1.218 100.428 1.570
201412 1.515 99.070 1.979
201503 1.187 99.621 1.542
201506 1.199 100.684 1.541
201509 1.368 100.392 1.764
201512 1.477 99.792 1.916
201603 1.253 100.470 1.614
201606 1.322 101.688 1.683
201609 1.378 101.861 1.751
201612 1.529 101.863 1.943
201703 1.585 102.862 1.994
201706 1.936 103.349 2.424
201709 1.868 104.136 2.322
201712 1.851 104.011 2.303
201803 1.993 105.290 2.450
201806 1.812 106.317 2.206
201809 1.885 106.507 2.291
201812 2.451 105.998 2.993
201903 1.674 107.251 2.020
201906 1.729 108.070 2.071
201909 1.704 108.329 2.036
201912 1.696 108.420 2.024
202003 1.556 108.902 1.849
202006 1.585 108.767 1.886
202009 1.883 109.815 2.219
202012 2.159 109.897 2.543
202103 2.061 111.754 2.387
202106 2.166 114.631 2.445
202109 2.121 115.734 2.372
202112 2.811 117.630 3.093
202203 2.184 121.301 2.330
202206 2.362 125.017 2.445
202209 2.822 125.227 2.916
202212 2.716 125.222 2.807
202303 2.680 127.348 2.724
202306 2.919 128.729 2.935
202309 2.514 129.860 2.505
202312 2.035 129.419 2.035

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Forth PCL  (BKK:FORTH-R) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Forth PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.02676/10.11
=2.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Forth PCL was 7.94. The lowest was 0.69. And the median was 1.06.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Forth PCL Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Forth PCL's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Forth PCL (BKK:FORTH-R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forth Corp PCL (BKK:FORTH-R) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH-R) Headlines

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